9537 W Colonial Drive, Ocoee, FL 34761

$9,850,000
50,215
SqFt

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Sold Price
$9,850,000
List Price
$9,850,000
Status
Sold
Days on Market
0
Closing Date
Sep 19, 2025
MLS#
J993611
Property Style
Retail
Year Built
2000
Living Area
50,215
Lot Size
175,373
Acres
4.03
Total Acreage
2 to less than 5
Legal Subdivision Name
West Oaks Towne Center 43/122
MLS Area Major
Ocoee

Property Description

Best Buy at the West Oaks Town Center, Ocoee, FL. Best Buy is a BBB+ credit rated, long-term tenant. Built in 2000, the property offers 46,112 square feet of space on a 4.03-acre lot, with 291 feet of prime frontage along West Colonial Drive. It’s in a high-visibility, high-traffic area that draws over 52,000 vehicles day. The site is well-equipped with two exterior loading docks and 191 surface parking spaces, providing convenience for shoppers. Best Buy recently renewed their lease for an additional five years, offering a reliable net operating income of $589,200 annually, with one option for another five-year extension. Located within the thriving Orlando MSA, this property is part of a vibrant retail corridor with nearby national brands, making it a high-demand investment. The area is surrounded by strong demographics, with over 233,000 residents within five miles and a median household income of more than $63,000. Additionally, the growing population and large daytime workforce in the surrounding area make this property a standout opportunity for investors.

Additional Information

Taxes Annual
$129798
Community Features
No Deed Restriction
Zoning
C-2
Air Conditioning
Central Air
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
21-22-28-9148-00-020
Legal Description
WEST OAKS TOWNE CENTER 43/122 LOT 2

Listing courtesy of STELLAR NON-MEMBER OFFICE.

Selling Office: CASTLE REALTY PROFESSIONAL GROUP LLC.

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